Auto Finance

VisionMenu to Unveil New Rating Feature

March 5, 2014
• by Staff

FT. WAYNE, Ind. —VisionMenu will release a new feature for its VisionMenu at next week’s Agent Summit, which is scheduled for March 10-12 in Las Vegas. The new feature, vRate, allows users to rate multiple providers and multiple products simultaneously.

vRate is a “direct to the provider” electronic rating tool that will populate all of the rates returned by any of the 40 providers with which VisionMenu has direct integration. Once the rates are returned, the F&I manager can then point and click their desired option for each product and package.

“vRate does not cost providers, agents or dealers any additional fee than what they were already paying for their menu,” said Ron Martin, president of VisionMenu. “vRate™ is so efficient in getting all the rates that it makes it much easier to econtract. The vRate process is accomplished in a fraction of the time that it takes the user to rate each provider individually.”

Wantalease.com analysts report relatively flat lease pricing across most major brands, but increases on several popular models should give dealers enhanced latitude for holiday weekend lease discounts.